We're nearly done with it, OP.
It began immediately after WW2-we could go back further, but for the "Century" bit the 1950s makes the most sense.
>Partition of India
>Palestine War
>Egyptian Revolution
>Suez
>Aden Emergency
>Cod Wars
>Troubles
>Hong Kong handover
>Afghanistan War
>Brexit shitshow
>Overplayed pro-Israel Hand
First, Britain lost of all of its territories (and influence) overseas. Then, it lost all of its prestige at home. We have long been the "haha, cucks" nation of Europe, but we are absolutely in the thick of our humiliation and decline. Our nation is seen by our peers as a joke, by our enemies as a fallen adversary to be pitied (or manipulated), by our lessers as a means of them getting ahead. Right now, we are;
>governed by the least representative government in the history of british democracy
>seeing wide ranging, completely unregulated surveillance on a scale never seen before
>in the AFTERMATH of demographic change (it can no longer be reversed), with Britain shifting under its own weight to re-define what the country even is
>the total remaking of our foundation origins (goodbye alfred the great, goodbye the normans, goodbye the vikings, goodbye england-hello the "WW2 good guys" cosmopolitan sludge with a cockney accent
>rife with politicla instability
It should wrap up in the 2050s, assumedly with the end of the British Monarchy and the creation of the Republic of Britain. The last Windsor monarch will be a politician for one of the many "monarchist" lobbies in Europe, like with France.